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Telesat Corp

TSAT
Exchange
Nasdaq
Industry
Communications Services, NEC
SEC CIK
0001845840

No open-market purchases or sales by Telesat Corp insiders were filed in the last 90 days; 103 institutions reported holding it in 13F filings for Q2 2026, worth $2.17B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Telesat Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
65
+2 vs. Q3 2025
Shares held
43.6M
−229.0K (−0.5%) vs. Q3 2025
Total value
$1.27B
+$118.7M (+10.3%) vs. Q3 2025
New holders
10
19 more added
Sold out
8
19 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting TSAT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 65 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 91 institutionsQ1 2022: 82 institutionsQ2 2022: 64 institutionsQ3 2022: 55 institutionsQ4 2022: 49 institutionsQ1 2023: 43 institutionsQ2 2023: 44 institutionsQ3 2023: 46 institutionsQ4 2023: 49 institutionsQ1 2024: 45 institutionsQ2 2024: 38 institutionsQ3 2024: 40 institutionsQ4 2024: 46 institutionsQ1 2025: 57 institutionsQ2 2025: 59 institutionsQ3 2025: 65 institutionsQ4 2025: 65 institutionsQ1 2026: 76 institutionsQ2 2026: 103 institutions
Value heldQ4 2025: $1.27B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $773.4MQ1 2022: $448.5MQ2 2022: $297.8MQ3 2022: $206.6MQ4 2022: $197.7MQ1 2023: $384.2MQ2 2023: $420.7MQ3 2023: $640.1MQ4 2023: $470.3MQ1 2024: $376.2MQ2 2024: $400.2MQ3 2024: $578.1MQ4 2024: $718.5MQ1 2025: $820.3MQ2 2025: $1.06BQ3 2025: $1.15BQ4 2025: $1.27BQ1 2026: $1.58BQ2 2026: $2.17B
Institutions holding TSAT and their total value by quarter
QuarterHoldersValue
Q2 2026103$2.17B
Q1 202676$1.58B
Q4 202565$1.27B
Q3 202565$1.15B
Q2 202559$1.06B
Q1 202557$820.3M
Q4 202446$718.5M
Q3 202440$578.1M
Q2 202438$400.2M
Q1 202445$376.2M
Q4 202349$470.3M
Q3 202346$640.1M
Q2 202344$420.7M
Q1 202343$384.2M
Q4 202249$197.7M
Q3 202255$206.6M
Q2 202264$297.8M
Q1 202282$448.5M
Q4 202191$773.4M
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Telesat Corp; share changes are against Q3 2025.

Institutions holding TSAT in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Farther Finance Advisors, LLC15$4370.00%+6+66.7%Added
Concord Wealth Partners15$4370.00%+15New
Covestor Ltd37$1.00K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC45$1.31K0.00%00.0%Unchanged
SBI Securities Co., Ltd.46$1.34K0.00%−8−14.8%Reduced
Ancora Advisors, LLC400$11.6K0.00%00.0%Unchanged
Bryn Mawr Trust Co500$14.6K0.00%00.0%Unchanged
IFP Advisors, Inc500$14.6K0.00%00.0%Unchanged
Smartleaf Asset Management LLC500$14.7K0.00%+500New
Advisor Group Holdings, Inc.575$16.7K0.00%00.0%Unchanged
Simplex Trading, LLC758$22.1K0.00%−16,018−95.5%Reduced
UBS Group AG797$23.2K0.00%−1,446−64.5%Reduced
National Bank of Canada1,072$27.9K0.00%+363+51.2%Added
Citigroup Inc1,042$30.1K0.00%+1,042New
Tower Research Capital LLC (TRC)1,175$34.2K0.00%+975+487.5%Added
Quantbot Technologies LP1,966$57.2K0.00%+1,966New
Royal Bank of Canada2,922$85.0K0.00%+712+32.2%Added
Central Pacific Bank - Trust Division4,486$130.5K0.02%00.0%Unchanged
SageView Advisory Group, LLC4,500$130.9K0.00%+4,500New
BNP Paribas Arbitrage, SA7,045$205.0K0.00%+3,227+84.5%Added
JPMorgan Chase & Co7,117$207.1K0.00%−8,815−55.3%Reduced
Asset Management One Co.,Ltd.7,063$208.5K0.00%−108−1.5%Reduced
Virtu Financial LLC7,262$211.0K0.01%+7,262New
Stifel Financial Corp7,922$230.5K0.00%−60−0.8%Reduced
Geode Capital Management, LLC8,121$236.3K0.00%00.0%Unchanged
Platform Technology Partners8,551$248.8K0.05%−6,073−41.5%Reduced
XTX Topco Ltd9,841$286.4K0.01%+9,841New
PDT Partners, LLC10,613$308.8K0.02%00.0%Unchanged
Trexquant Investment LP12,588$366.3K0.00%−1,013−7.4%Reduced
Peapack Gladstone Financial Corp13,885$404.0K0.01%00.0%Unchanged
Militia Capital Partners, LP15,475$450.3K0.17%00.0%Unchanged
Acadian Asset Management LLC16,670$482.0K0.00%−1,900−10.2%Reduced
Walleye Capital LLC18,387$535.1K0.00%−10,506−36.4%Reduced
Diametric Capital, LP19,719$573.8K0.15%+1,800+10.0%Added
TD Waterhouse Canada Inc.20,882$586.1K0.00%+4,901+30.7%Added
Bank of America Corp20,168$586.9K0.00%−2,477−10.9%Reduced
Quadrature Capital Ltd20,692$602.1K0.01%+20,692New
Federation des caisses Desjardins du Quebec24,668$679.9K0.00%+4,000+19.4%Added
Polar Asset Management Partners Inc.25,000$720.9K0.01%−80,225−76.2%Reduced
Jane Street Group, LLC26,048$758.0K0.00%−10,397−28.5%Reduced
Susquehanna International Group, LLP27,333$795.4K0.00%+12,412+83.2%Added
National Philanthropic Trust40,000$1.16M0.01%00.0%Unchanged
Lazard Asset Management LLC41,504$1.21M0.00%+41,504New
Penserra Capital Management LLC42,462$1.24M0.01%+12,467+41.6%Added
Bank of Montreal43,235$1.25M0.00%+43,235New
Renaissance Technologies LLC55,800$1.62M0.00%−5,846−9.5%Reduced
Gabelli & Co Investment Advisers, Inc.57,711$1.68M0.25%−6,300−9.8%Reduced
Pathstone Holdings, LLC56,992$1.71M0.01%+45,000+375.3%Added
Morgan Stanley64,323$1.87M0.00%+22,647+54.3%Added
Citadel Advisors LLC68,233$1.99M0.00%+4,496+7.1%Added
K.J. Harrison & Partners Inc70,000$2.02M0.27%+12,000+20.7%Added
Connor, Clark & Lunn Investment Management Ltd.112,515$3.27M0.01%−5,038−4.3%Reduced
PCJ Investment Counsel Ltd.117,498$3.39M0.84%+5,318+4.7%Added
Millennium Management LLC128,472$3.74M0.00%+91,272+245.4%Added
Senvest Management, LLC134,668$3.92M0.12%+97,411+261.5%Added
Vestcor Inc200,000$5.82M0.17%+25,000+14.3%Added
LM Asset (IM) Inc.329,450$9.52M7.62%−123,000−27.2%Reduced
Highland Capital Management Fund Advisors, L.P.396,623$11.5M0.80%00.0%Unchanged
PenderFund Capital Management Ltd.409,753$15.9M2.51%00.0%Unchanged
Gabelli Funds LLC712,879$20.7M0.14%−2,400−0.3%Reduced
Rubric Capital Management LP843,781$24.6M0.29%00.0%Unchanged
Heard Capital LLC1,227,343$35.7M1.68%−244,992−16.6%Reduced
Gamco Investors, Inc. Et Al1,831,693$53.3M0.51%+44,785+2.5%Added
MHR Fund Management LLC18,035,092$524.8M45.17%00.0%Unchanged
Public Sector Pension Investment Board18,211,203$529.9M1.79%00.0%Unchanged
Caption Management, LLC0$00.00%−86,835−100.0%Sold out
Group One Trading, L.P.0$00.00%−53,214−100.0%Sold out
Aristeia Capital LLC0$00.00%−26,740−100.0%Sold out
Fiera Capital Corp0$00.00%−23,796−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−13,694−100.0%Sold out
Jump Financial, LLC0$00.00%−9,438−100.0%Sold out
Quarry LP0$00.00%−8,000−100.0%Sold out
Advisory Services Network, LLC0$00.00%−28−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed
Guerra Advisors Inc––––Not filed